| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $5M | 0.2% | 2.0% |
| Op. Income | $483.4K | $288.1K | $238.3K | 67.8% | 102.8% |
| Gross Margin | 51.9% | 47.4% | 48.8% | 4.6pp | 3.1pp |
| Net Margin | 9.4% | 6.4% | 6.6% | 3.0pp | 2.9pp |
| EPS (Diluted) | $0.03 | $0.02 | $0.02 | 48.1% | 46.7% |
| Free Cash Flow | -$974.5K | -$740.0K | $295.0K | -31.7% | -430.4% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $668.5K |
| Selling & Marketing | $858.2K |
| General & Administrative | $654.5K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $483.4K |
| Interest Income | $142.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $120.2K |
| INCOME BEFORE TAX | $603.5K |
| Income Tax Expense | $118.6K |
| Net Income from Continuing Ops | $485.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $485.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $485.0K |
| D&A | $153.7K |
| EBIT | $603.5K |
| EBITDA | $757.3K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $3M |
| R&D Expenses | $668.5K |
| Selling & Marketing | $858.2K |
| General & Administrative | $654.5K |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $483.4K |
| Interest Income | $142.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $120.2K |
| INCOME BEFORE TAX | $603.5K |
| Income Tax Expense | $118.6K |
| Net Income from Continuing Ops | $485.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $485.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $485.0K |
| D&A | $153.7K |
| EBIT | $603.5K |
| EBITDA | $757.3K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $485.0K |
| Depreciation & Amortization | $153.7K |
| Stock-Based Compensation | $75.2K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22.8K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$922.3K |
| Capital Expenditure | -$52.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$649.4K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $662.5K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$79.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$79.5K |
| FREE CASH FLOW | -$974.5K |
| Net Change in Cash | -$339.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $6M |
| Net Receivables | $3M |
| Inventory | $5M |
| Other Current Assets | $266.8K |
| TOTAL CURRENT ASSETS | $19M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $35.4K |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $23M |
| Account Payables | $700.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $122.5K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $122.5K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $157.5K |
| Additional Paid-In Capital | $10M |
| Retained Earnings | $8M |
| Treasury Stock | -$87.3K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18M |
| Minority Interest | $0 |
| TOTAL EQUITY | $18M |
| TOTAL LIABILITIES & EQUITY | $23M |
| Total Debt | $0 |
| Net Debt | -$5M |
